Gift Letter


Show sellers that you're serious with a pre-approval letter from Northeastern Realty.

Freddie Mac

A gift letter signed by the donor is required. Information provided in the gift letter must:

State the donor’s name and that the funds are given by a Related Person

Include the donor’s mailing address and phone number

State the maximum or actual amount of the gift funds or gift of equity

Establish that the funds are a gift that does not have to be repaid (Section 5501.3(c))

Fannie Mae

The gift letter, signed by the donor, must:

Specify the dollar amount of the gift

Specify the date the funds were transferred;

Include the donor’s statement that no repayment is expected; AND

Indicate the donor’s name, address, telephone number and relationship to the borrower. The subject address does not need to be identified in the gift letter. (Section B3-4.3-04).

NMLS #2179146

NMLS #2179146

FHA (non-streamline)

A gift letter signed and dated by the donor and borrower that includes the following:

The donor’s name, address, and telephone number;

The donor’s relationship to the Borrower;

The dollar amount of the gift; AND

A statement that no repayment is required

VA (non-IRRRL)

A gift letter must:

Specify the dollar amount of the gift;

Include the donor’s statement that no repayment is expected; AND

Indicate the donor’s name, address, telephone number, and relationship to the borrower.

What documents should I be ready to provide for a pre-approval?

1. Identification

Government issued ID for each borrower – this can be a state-issued driver’s license, birth certificate, or passport.

2. Proof of Income

Employees – most recent pay stubs

Self-employed – profit and loss statement

Passive income – most recent financial asset statements

3. Financial Asset Statements – At least two months of your most recent statements, including:

Bank checking and savings


Retirement fund – 401K, pension, self-funded ( ROTH, SEP, Individual), annuities


4. Tax Returns

Employees – W-2 forms and tax returns for the last two years.

Self Employed – Profit and loss statements, 1099, and tax returns for the last two years.

Passive Income – Tax returns for the last two years.


Let Us Serve You

Calling all military members: You could be eligible for a VA IRRRL (Interest Rate Reduction Refinance Loan). With potentially no income verification and no appraisal needed, we make it easy for you to save.

First Time Homebuyer Counseling Tools

Northeastern Realty can accelerate the process to helping you find a new home in Florida, Massachusetts, Rhode Island, and Georgia. We assist with our clients to get the right home and loan needed for your situation. Our team of  real estate agents and loan officers...

Business Assets

BUSINESS ASSET DOCUMENTATION REQUIREMENTS Asset StatementsFannie Mae: Two months of business asset statementsFreddie Mac: Three months of business asset statements when using business assets to analyze the health of the business. Otherwise, one month business asset...

Business Tax Returns

Business returns are always required for self-employed borrowers for businesses from which income is being used to qualify. If 1040s show a business loss, the underwriter will include the loss but does not need to condition for business returns.Business tax returns...

Alimony – Child Support – Separate Maintenance Payments History

No less than 6 months of the borrower’s most recent regular receipt of payment is required to document alimony/child support/separate maintenance as income.No less than 6 months of the borrower’s most recent regular receipt of full payment is required to document...

You’re home

Purchasing a home doesn’t have to be complicated. I can help turn your dreams of a new home into a reality. Contact me today to learn about my fast and easy process.

Not Your Mama’s Mortgage!

This isn't your mama's mortgage! Your path to homeownership doesn't come with mountains of paperwork. Experience our digital application process for yourself by getting started today!

Get On To The Fun Stuff

Spend less time waiting for your loan to go through and more time decorating your new digs. From our online application to gathering your pay stubs and bank statements for you, we make getting a mortgage fast and easy. Let's go!

News To Make You Smile

Getting the money for a down payment doesn’t have to be like pulling teeth. You could be moving into your dream home with as little as 3% down. Call today to learn more.


You’ve probably heard that shutting off your faucet while you brush your teeth can save water, but did you know that some faucets are more efficient than others or that you can install a low-flow faucet aerator to save even more? Lower your monthly bills and water...



Lenders view your credit history in one of two ways—a hard inquiry or a soft inquiry (also known as a hard pull or soft pull).

Social Media Disclaimer

We welcome and encourage open discussion on NER’s social media sites – including but not limited to our blogs, Facebook, Twitter, YouTube pages and online community forums – and look forward to any comments, blogs and articles you want to share.

All links to external websites found linked from NER’s social media sites are provided as a service and convenience to our readers. NER is not responsible for material posted to any of its social media sites and does not guarantee the content, quality, accuracy, timeliness, or suitability of their contents, nor are we liable for the content or availability of these external websites. We do not in any way endorse or recommend individuals, products, or services that may be discussed on these social media sites.  NER specifically disclaims all liability for claims or damages that may result from any posting on these Sites. We accept no responsibility for the opinions and information posted on these Sites, and such opinions do not necessarily reflect the policies of  NER. In no event shall we be liable to you for any decision made or action taken by you in reliance on information on these social media sites. The materials posted on our social media sites do not constitute legal, tax, or financial advice and are not a substitute for obtaining legal, tax, financial, or other professional advice.

Please be aware that once you post something online, there’s the potential for thousands (or hundreds of thousands) of people to read your words, even years from now. As a result, we suggest that you exercise caution when posting tax information on any of our social media sites and that you not disclose personal identifiable information like your location, social security number, financial information, etc.

General Disclaimer

As a guest posting content to any NER’s social media sites  on the internet, you agree that you will not:

  • violate any local, state, federal, and/or international laws and regulations, including but not limited to copyright and intellectual property rights laws;
  • transmit any material (by uploading, posting, emailing, or otherwise) that is unlawful, disruptive, threatening, profane, abusive, harassing, embarrassing, tortuous, defamatory, obscene, libelous, hateful, an invasion of another’s privacy, or considered objectionable (whether racially, ethnically, or otherwise) at the sole discretion of NER;
  • impersonate any person or entity or falsely state or otherwise misrepresent your affiliation with a person or entity;
  • transmit any material (by uploading, posting, emailing, or otherwise) that you do not have a right to make available under any law or under contractual or fiduciary relationships;
  • transmit any material (by uploading, posting, emailing, or otherwise) that infringes any patent, trademark, trade secret, copyright, or other proprietary rights of any party;
  • transmit (by uploading, posting, emailing, or otherwise) any unsolicited or unauthorized advertising (including, but not limited to, advertising for non-NER services or products), promotional materials, junk mail, spam, chain letters, pyramid schemes, or any other form of solicitation;
  • transmit any material (by uploading, posting, emailing, or otherwise) that contains software viruses, worms, disabling code, or any other malicious computer code, files, or programs designed to interrupt, destroy, or limit the functionality of any computer software or hardware or telecommunications equipment;
  • collect or store, or attempt to collect or store, personal data about third parties without their knowledge or consent;
  • or share any party’s confidential pricing information.

By transmitting any content (by uploading, posting, emailing, or otherwise) on any NER’s social media sites, you grant to the Company the irrevocable right to reproduce, distribute, publish, and display such content and the right to create derivative works from your content, to edit or modify such content, and to use such content for any NER purpose. Our use of your transmitted content is permitted without approval, notice, compensation, or acknowledgment.

NER permits the sharing of the content from any of its social media sites, but you agree not to use it for personal financial benefit or alter it in any way.

NER reserves the right to remove from our social media sites any content in violation of this Disclaimer or any content that is otherwise objectionable, as well as to take steps to block access to our Sites by any person violating this Disclaimer.

While NER monitors its social media sites, not all comments or private messages will receive a response. We cannot respond to software or tax-related questions through private messages or public comments via our Sites.  NER, its affiliates, and its employees do not provide tax advice services. Tax advice should be sought from the IRS. If you have a technical support or product question, please call 800-215-2454 or send an email to

By submitting content to any of NER’s social media sites, you understand and acknowledge that this information is available to the public, and that NER may use this information for internal and external promotional purposes. Please note that other participants may use your posted information beyond the control of NER. If you do not wish to have the information you have made available via this site used, published, copied and/or reprinted, please do not post on this page.


We believe in being clear and open about how we use your information. This policy provides detailed information about how and when we use cookies.

How We Use Cookies

We or our third-party service providers may use cookies and other tracking technologies (including browser cookies, pixels, beacons, mobile application identifiers, and Adobe Flash technology) to help us recognize you across different sites and services, improve your experience, increase security, measure use and effectiveness of our services, and serve advertising.

By continuing to use our sites or services, you are agreeing to the use of cookies and similar technologies for the purpose we describe in this policy.

What is a Cookie?

A cookie is a small file that is placed onto your device and that is managed by your browser. Cookies were designed for websites to remember information (such as items in a shopping cart) and enable our sites or services to function. For example, cookies enable us to identify your device and enable you to easily share content on our sites and services and help us serve relevant ads to you.

When We Use Cookies

We use cookies on our sites and services, including mobile applications. Any browser loading these sites will receive cookies from us. However, unless you register with us, cookies do not contain any personally identifiable information about you and therefore cannot be used to identify you personally.

The Types of Cookies We Use

We use two types: persistent cookies and session cookies. A persistent cookie helps us recognize you as a user. After you sign in, a persistent cookie stays in your browser and will be read by our site when you return to the site. Session cookies only last for as long as the session (usually the current visit to a site or a browser session).

We also have implemented and use Google Analytics Display Advertising, specifically the Demographics and Interest Reporting feature to advertise online, sell advertising, and develop content.

We also may use Adobe Flash, which is another technology that can provide cookie-equivalent functionality. Adobe Flash is capable of storing information on your device (in a file outside of your browser).

How Cookies Are Used for Advertising Purposes

Cookies combined with ad technology such as web beacons, pixels, and anonymous ad network tags help us serve relevant ads to you more effectively. They also help us collect aggregated auditing, research, and reporting for advertisers. Pixels, which are invisible tags placed on our websites, help us understand and improve our service, show you ads, and know when content has been shown to you. Please note that because our pages include advertisements, your web browser may request advertisements and web beacons directly from ad network servers, and these networks can view, edit, or set their own cookies, just as if you had requested a web page from their site.

Although we do not use cookies to track your browsing behavior on third-party sites, we do use aggregate data from third parties and data from sites and services you have used to show you relevant, interest-based advertising. We do not provide any personal information that we collect to advertisers.

How You Can Manage Cookies

You can set your browser to warn you about attempts to place cookies on your computer or limit the type of cookies you allow. However, if you limit the ability of our sites and services to set cookies, you may limit your overall user experience, since it will no longer be personalized to you. It may also stop you from saving customized settings such as login information. Please note that companies delivering advertisements on our sites may also use cookies or other technologies, and those practices are subject to their own policies.

You can opt-out of Google Analytics for Display Advertising and customize Google’s Display Network ads using Google’s Ad Settings. You can opt-out of Google Analytics by using Google Analytics Opt-out Browser Add-on.

Please note that not all browsers provide the ability to remove Adobe Flash “cookies” (also called “locally stored objects,” or “LSOs”). You can restrict or block Adobe Flash cookies/LSOs through the Adobe website.

You can opt out of being targeted by certain third party advertising companies online by visiting the Network Advertising Initiative, Adobe, and/or Digital Advertising Alliance.

To find out more about cookies, including how to see what cookies have been set and how to manage and delete them, visit, or

Skip to toolbar